Novan Inc(NOVN) is a stock of interest due to the large impact the company has on the market. Here at Wall Street Facts we only cover the best stocks so make sure you check out our other articles. Today we will be diving deep into all of the essential information you need to know about NOVN. We will be studying the movement so you can make the best decision as an investor. The stock has moved upwards today by 1%. The high for today is 1.36 and today’s low is 1.28. This information is critical in deciding whether this investment is risky or not. We can see the stock is trending upwards, which means the volume of people buying this stock is greater than people selling it.
Novan, Inc. is a biotechnology company, which engages in leveraging nitric oxide’s natural antiviral and immunomodulatory mechanisms of action to treat dermatological and oncovirus-mediated diseases. Its products pipeline include SB204, SB206, SB208, and SB414. The company was founded by Mark Schoenfisch and Nathan Stasko in 2006 and is headquartered in Morrisville, NC.
As an investor, you can get an idea of where the stock is trending by the forecast. In this case, the high forecast for Novan Inc is $5.50 and the low forecast is $4.00. Overall, Novan Inc is in great shape going forward. They have a strong market cap of $198.67M and a very bright future ahead of them.